Northeast Kingdom Organizing Inc

Analysis

Northeast Kingdom Organizing Inc is a registered charity in United States, based in Newport, VT. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Northeast Kingdom Organizing Inc reported income of $192k and spending of $124k, leaving 35% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income grew from $166k to $192k (+16%), an average of +7.7% a year. The sharpest change came in the year to December 2023, when income rose by 11834%. Over the whole period it spent 66% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Northeast Kingdom Organizing Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 44th percentile within VT. Charities of a similar size with the same main cause include Hope Gathering Inc ($192k), Berea Community Development Corporation ($192k) and Junior League of Stamford Norwalk Inc ($192k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $121k against liabilities of $31k, net assets of $90k.